
LayerX Security
Browser security platform.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | $11.0m Valuation: $130m | Series A | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 380 % | 100 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
LayerX Security is a cybersecurity startup that offers a browser extension designed to protect enterprise applications, data, and devices from threats and risks associated with web browsing. The company's product is designed to seamlessly integrate with any browser and most Identity Provider (IDP) and security platforms, providing comprehensive coverage for an organization's entire digital environment.
LayerX's solution is unique in that it uses two correlating risk engines, one in the browser extension and the other in the cloud, to provide highly accurate risk detection. This dual-engine approach allows LayerX to monitor and protect user activities and web page behaviors during a web session, and take a range of protective actions if necessary, from disabling risky web page features to terminating the session altogether.
The company's product is designed to be non-intrusive, maintaining a high-quality user experience while steering users towards secure browser usage. It also respects user privacy, with its in-browser machine learning engine analyzing browsing events locally and only sending alerts on risky sessions to the management console, without any personally identifiable information (PII) or private content leaving the browser.
LayerX's clients are primarily businesses that want to protect their applications, data, and devices from web-borne threats without disrupting their employees' browsing experience. The company operates in the cybersecurity market, a rapidly growing sector due to the increasing prevalence of cyber threats. LayerX's business model involves selling its browser extension to these businesses, generating revenue through software licensing fees.
Keywords: Cybersecurity, Browser Extension, Enterprise Security, Risk Detection, User Experience, Privacy Protection, Machine Learning, Cloud-Based, Threat Prevention, Data Protection.